Category : Residential

Construction & DesignResidential

Robert Stern digging into his top drawer for Belnord transformation

REW
by REW1666
Ziel Feldman, chairman and founder of HFZ Capital Group,  announced that HFZ will collaborate with Robert A.M. Stern Architects to design and execute the long-planned transformation of the historic Belnord into luxury condominiums. “The Belnord has great bones and we’re giving it a top-drawer restoration, preserving its original charm, but...
Record growth in LIC as 9,000 apartments come online
FeaturedResidential

Record growth in LIC as 9,000 apartments come online

REW
by REW1365
Housing development in Long Island City exploded last year, according to the Long Island City Partnership, an economic development organization for the area. Some 9,000 new units are slated to come online in 2017, the most in a single year and almost double the area’s existing inventory. The latest projects...
Residential

South Beach-inspired condos making a splash on the Jersey Shore

REW
by REW1110
Looking for a South Beach lifestyle without having to get on a plane? Look no further. A New Jersey-based development firm is building a South Beach-inspired condo development on the Jersey Shore for those looking for Florida living in their backyard, complete with palm trees and oceanfront views. Developer Mimi...
Former AC Lawrence principals launch new company
Residential

Former AC Lawrence principals launch new company

REW
by REW1909
Former AC Lawrence principals Larry Friedman and Frank Sanchez have opened their new firm, SDF Capital LLC, focused on the acquisition and disposition of distressed homes. Headquartered in Mamaroneck, SDF Capital works with home sellers and properties in New York, Connecticut, Pennsylvania and Florida. “Larry and I wanted to be...
DONE DEALS: Sotheby’s duo sells $41M Clarence Whitman Mansion
Residential

DONE DEALS: Sotheby’s duo sells $41M Clarence Whitman Mansion

REW
by REW2495
Japanese billionaire Bungo Shimada has sold his six-story mansion on the Upper East Side for $41.5 million. According to the Wall Street Journal, which first reported the deal, the property was sold to an undisclosed buyer. The nine-bedroom home, located at 7 East 76th Street (pictured top) has 14,000 s/f...
Photo GalleryResidential

Citi Habitats celebrates is staff and agents at annual award ceremony

REW
by REW2771
  Citi Habitats  held its annual Awards Ceremony at penthouse lounge 230 Fifth Avenue. Hosted by Citi Habitats President, Gary Malin and President and CEO of The Corcoran Group, Pamela Liebman, the event featured presentations by the firm’s top management and distribution of awards in several categories.  Approximately 600 of...
Douglas Elliman celebrates $24B year with annual Ellies celebration
Photo GalleryResidential

Douglas Elliman celebrates $24B year with annual Ellies celebration

REW
by REW4501
Douglas Elliman Chairman Howard M. Lorber and President and CEO Dottie Herman hosted the firm’s nationwide agents and employees at its glamorous annual awards celebration – The Ellies – held  at the  Radio City Music Hall in New York City. With $24.6 billion in total sales volume nationwide in 2016,...
Residential

How to win affordability: Execs talk improving housing lottery chances

REW
by REW1086
The affordable housing lottery is a hail mary attempt at rent relief in a very expensive city. While odds of gaining low-cost housing are almost as slim as winning the actual lottery, many remain undeterred, submitting financial documents and applications in spite of the likely negative outcome. The popularity of...